Morningstar, Inc.
MORN- Exchange
- Nasdaq
- Industry
- Investment Advice
- SEC CIK
- 0001289419
In the last 90 days, Morningstar, Inc. insiders filed 0 open-market purchases and 8 sales; 420 institutions reported holding it in 13F filings for Q2 2026, worth $3.79B in total; no superinvestor holds it.
13F holders, Q3 2023
Institutional positions in Morningstar, Inc. as of Sep 30, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 325
- +33 vs. Q2 2023
- Shares held
- 26.3M
- +1.87M (+7.7%) vs. Q2 2023
- Total value
- $6.17B
- +$1.38B (+28.7%) vs. Q2 2023
- New holders
- 69
- 101 more added
- Sold out
- 36
- 95 more reduced
2 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2023: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting MORN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 420 | $3.79B |
| Q1 2026 | 447 | $3.99B |
| Q4 2025 | 475 | $5.27B |
| Q3 2025 | 452 | $5.78B |
| Q2 2025 | 481 | $8.05B |
| Q1 2025 | 464 | $7.57B |
| Q4 2024 | 451 | $8.67B |
| Q3 2024 | 412 | $8.25B |
| Q2 2024 | 393 | $7.63B |
| Q1 2024 | 385 | $7.92B |
| Q4 2023 | 353 | $7.22B |
| Q3 2023 | 325 | $6.17B |
| Q2 2023 | 294 | $4.79B |
| Q1 2023 | 302 | $4.85B |
| Q4 2022 | 318 | $5.14B |
| Q3 2022 | 311 | $4.99B |
| Q2 2022 | 325 | $5.67B |
| Q1 2022 | 336 | $6.41B |
| Q4 2021 | 341 | $7.92B |
| Q3 2021 | 318 | $5.83B |
| Q2 2021 | 295 | $5.62B |
| Q1 2021 | 309 | $4.83B |
Institutions, Q3 2023
Shares, value and share of portfolio for each institution holding Morningstar, Inc.; share changes are against Q2 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Pekin Hardy Strauss, Inc. | 1,225 | $286.9K | 0.05% | −654−34.8% | Reduced |
| Welch & Forbes LLC | 1,225 | $286.9K | 0.00% | −35−2.8% | Reduced |
| Cadent Capital Advisors, LLC | 1,233 | $288.8K | 0.14% | +3+0.2% | Added |
| Shell Asset Management Co | 1,270 | $297.0K | 0.01% | −20−1.6% | Reduced |
| Fiduciary Trust Co | 1,317 | $308.5K | 0.01% | −77−5.5% | Reduced |
| Guggenheim Capital LLC | 1,351 | $316.5K | 0.00% | +1,351 | New |
| ProShare Advisors LLC | 1,405 | $329.1K | 0.00% | +1,405 | New |
| Connable Office Inc | 1,470 | $344.3K | 0.05% | 00.0% | Unchanged |
| Raymond James Trust N.A. | 1,495 | $350.2K | 0.01% | +5+0.3% | Added |
| JustInvest LLC | 1,498 | $351.0K | 0.01% | +185+14.1% | Added |
| Royal Bank of Canada | 1,512 | $354.0K | 0.00% | −245−13.9% | Reduced |
| Connectus Wealth, LLC | 1,517 | $355.5K | 0.01% | 00.0% | Unchanged |
| Precision Wealth Strategies, LLC | 1,538 | $360.3K | 0.39% | +462+42.9% | Added |
| Teza Capital Management LLC | 1,553 | $363.8K | 0.06% | +1,553 | New |
| Jacobs Levy Equity Management, Inc | 1,579 | $369.9K | 0.00% | −6,222−79.8% | Reduced |
| American Century Companies Inc | 1,582 | $370.6K | 0.00% | +12+0.8% | Added |
| Prudential Financial Inc | 1,602 | $375.3K | 0.00% | +1,602 | New |
| Commonwealth Equity Services, LLC | 1,717 | $402.0K | 0.00% | −1,074−38.5% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 1,735 | $412.1K | 0.01% | +1,735 | New |
| Spectrum Asset Management, Inc. (NB/CA) | 1,800 | $421.6K | 0.22% | 00.0% | Unchanged |
| Wealth Enhancement Advisory Services, LLC | 1,800 | $421.6K | 0.00% | +1,800 | New |
| Equitable Trust Co | 1,905 | $446.2K | 0.04% | +1,905 | New |
| Maryland State Retirement & Pension System | 1,914 | $448.3K | 0.01% | 00.0% | Unchanged |
| Baird Financial Group, Inc. | 1,997 | $467.8K | 0.00% | −25−1.2% | Reduced |
| Crossmark Global Holdings, Inc. | 2,089 | $493.0K | 0.01% | +2,089 | New |
| Gateway Investment Advisers LLC | 2,128 | $498.5K | 0.01% | +2,128 | New |
| SYSTM Wealth Solutions LLC | 2,154 | $504.6K | 0.08% | 00.0% | Unchanged |
| Securian Asset Management, Inc | 2,204 | $516.3K | 0.02% | +2,204 | New |
| Planning Alternatives Ltd | 2,205 | $516.5K | 0.10% | 00.0% | Unchanged |
| Pacer Advisors, Inc. | 2,217 | $519.3K | 0.00% | +2,217 | New |
| Procyon Private Wealth Partners, LLC | 2,253 | $527.7K | 0.05% | +166+8.0% | Added |
| PDT Partners, LLC | 2,311 | $541.3K | 0.07% | −8−0.3% | Reduced |
| BNP Paribas Arbitrage, SA | 2,332 | $546.2K | 0.00% | +247+11.8% | Added |
| Creative Planning | 2,431 | $569.4K | 0.00% | +69+2.9% | Added |
| Alliance Wealth Advisors, LLC | 2,490 | $583.3K | 0.22% | +13+0.5% | Added |
| Williams Jones Wealth Management, LLC. | 2,500 | $585.6K | 0.01% | +650+35.1% | Added |
| Bradley Foster & Sargent Inc | 3,021 | $592.3K | 0.01% | 00.0% | Unchanged |
| Pathstone Family Office, LLC | 2,561 | $599.9K | 0.00% | +2,561 | New |
| PEAK6 Investments LLC | 2,635 | $617.2K | 0.03% | +2,635 | New |
| UBS Group AG | 2,647 | $620.0K | 0.00% | −6,340−70.5% | Reduced |
| Quantinno Capital Management LP | 2,689 | $630.0K | 0.03% | +953+54.9% | Added |
| Pictet Asset Management Holding SA | 2,752 | $644.6K | 0.00% | +2,752 | New |
| Public Employees Retirement Association of Colorado | 2,787 | $653.0K | 0.00% | 00.0% | Unchanged |
| Avantax Advisory Services, Inc. | 2,826 | $662.1K | 0.01% | −1,408−33.3% | Reduced |
| Bank of Stockton | 2,836 | $703.3K | 0.26% | −1,954−40.8% | Reduced |
| Legacy Advisors, LLC | 3,187 | $746.5K | 0.12% | +158+5.2% | Added |
| Janney Montgomery Scott LLC | 3,294 | $772.0K | 0.00% | −41−1.2% | Reduced |
| Baker Tilly Wealth Management, LLC | 3,306 | $774.4K | 0.13% | −780−19.1% | Reduced |
| Simon Quick Advisors, LLC | 3,314 | $776.2K | 0.07% | +880+36.2% | Added |
| Accretive Wealth Partners, LLC | 3,320 | $777.7K | 0.46% | +69+2.1% | Added |
| Handelsbanken Fonder AB | 3,372 | $790.0K | 0.00% | 00.0% | Unchanged |
| Covey Capital Advisors, LLC | 3,439 | $805.6K | 1.14% | 00.0% | Unchanged |
| Davy Global Fund Management Ltd | 3,530 | $826.9K | 0.17% | −2,155−37.9% | Reduced |
| Federated Hermes, Inc. | 3,542 | $829.7K | 0.00% | +3,542 | New |
| Advisory Services Network, LLC | 3,639 | $852.4K | 0.02% | −117−3.1% | Reduced |
| Lloyd Advisory Services, LLC. | 3,683 | $862.8K | 0.29% | +3,683 | New |
| Norden Group LLC | 3,683 | $862.8K | 0.29% | +3,683 | New |
| MML Investors Services, LLC | 3,702 | $867.0K | 0.00% | +528+16.6% | Added |
| First Republic Investment Management, Inc. | 3,734 | $874.8K | 0.00% | −141−3.6% | Reduced |
| Teacher Retirement System of Texas | 4,083 | $956.0K | 0.01% | +402+10.9% | Added |
| Portside Wealth Group, LLC | 4,192 | $982.0K | 0.18% | −172−3.9% | Reduced |
| BCGM Wealth Management, LLC | 4,235 | $992.0K | 0.46% | +323+8.3% | Added |
| Martin Capital Advisors, LLP | 4,279 | $1.00M | 0.98% | +200+4.9% | Added |
| Johnson Investment Counsel Inc | 4,427 | $1.04M | 0.01% | 00.0% | Unchanged |
| Utah Retirement Systems | 4,431 | $1.04M | 0.01% | +100+2.3% | Added |
| CIBC Private Wealth Group, LLC | 4,467 | $1.05M | 0.00% | +3,121+231.9% | Added |
| Advisor Group Holdings, Inc. | 4,933 | $1.16M | 0.00% | +1,253+34.0% | Added |
| Bank of Montreal | 4,665 | $1.17M | 0.00% | +2,014+76.0% | Added |
| Buckingham Strategic Wealth, LLC | 5,017 | $1.18M | 0.02% | −1,207−19.4% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 5,065 | $1.19M | 0.01% | +650+14.7% | Added |
| New Mexico Educational Retirement Board | 5,200 | $1.22M | 0.05% | +5,200 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 5,269 | $1.23M | 0.01% | +5,269 | New |
| Citigroup Inc | 5,275 | $1.24M | 0.00% | −642−10.9% | Reduced |
| Black Creek Investment Management Inc. | 5,400 | $1.26M | 0.05% | −1,600−22.9% | Reduced |
| New York State Teachers Retirement System | 5,600 | $1.31M | 0.00% | +5,600 | New |
| Xponance, Inc. | 5,758 | $1.35M | 0.02% | +2,243+63.8% | Added |
| LPL Financial LLC | 5,763 | $1.35M | 0.00% | +1,814+45.9% | Added |
| Northwestern Mutual Investment Management Company, LLC | 5,770 | $1.35M | 0.04% | +5,770 | New |
| Ameritas Investment Partners, Inc. | 5,835 | $1.37M | 0.05% | +5,835 | New |
| Alamar Capital Management, LLC | 5,841 | $1.37M | 1.29% | +517+9.7% | Added |
| Blair William & Co | 5,988 | $1.40M | 0.01% | −8−0.1% | Reduced |
| Magnetar Financial LLC | 6,143 | $1.44M | 0.04% | +6,143 | New |
| State of Michigan Retirement System | 6,200 | $1.45M | 0.01% | +6,200 | New |
| Two Sigma Advisers, LP | 6,300 | $1.48M | 0.00% | −5,700−47.5% | Reduced |
| Citadel Advisors LLC | 6,433 | $1.51M | 0.00% | −31,072−82.8% | Reduced |
| Thrivent Financial for Lutherans | 6,515 | $1.53M | 0.00% | +6,515 | New |
| Empire Life Investments Inc. | 6,531 | $1.53M | 0.11% | −74−1.1% | Reduced |
| Sepio Capital, LP | 6,755 | $1.58M | 0.14% | 00.0% | Unchanged |
| Linden Thomas Advisory Services, LLC | 7,155 | $1.68M | 0.37% | +1,181+19.8% | Added |
| Two Sigma Investments, LP | 7,170 | $1.68M | 0.00% | −11,915−62.4% | Reduced |
| Arizona State Retirement System | 7,269 | $1.70M | 0.01% | +98+1.4% | Added |
| Oregon Public Employees Retirement Fund | 7,300 | $1.71M | 0.02% | +7,300 | New |
| Louisiana State Employees Retirement System | 7,400 | $1.73M | 0.04% | +7,400 | New |
| Jane Street Group, LLC | 7,571 | $1.77M | 0.00% | +662+9.6% | Added |
| Ashford Capital Management Inc | 7,615 | $1.78M | 0.26% | +1,160+18.0% | Added |
| Teachers Retirement System of the State of Kentucky | 7,900 | $1.85M | 0.02% | +7,900 | New |
| Bessemer Group Inc | 7,908 | $1.85M | 0.00% | −654−7.6% | Reduced |
| Ensign Peak Advisors, Inc | 7,920 | $1.86M | 0.00% | −1,595−16.8% | Reduced |
| Marshall Wace, LLP | 8,000 | $1.87M | 0.00% | +8,000 | New |
| AQR Capital Management LLC | 8,015 | $1.88M | 0.00% | +613+8.3% | Added |